Common Contracts
1 similar Settlement Agreement and Release contracts
SETTLEMENT AGREEMENTSettlement Agreement and Release • May 19th, 2024
A settlement has been reached in a class action lawsuit filed against iFIT Health and Fitness, Inc. (“iFIT”) concerning allegations that iFIT manufactured and sold a variety of “smart” treadmills and other fitness equipment fitted with specialized touch screen consoles that provided features such as live workout streaming, interactive workouts, and more detailed workout tracking, and that when iFIT pushed a mandatory software update onto these consoles (“device”), it caused, or may in the future cause, the failure of display consoles in certain iFIT products. iFIT encourages you to connect your device to the iFIT network as soon as possible to verify that your device has the latest software. Connecting your device after January 24, 2023, is the only way to ensure that your device received or will receive the remedy to the software causing the failure of the display consoles.
